With Disney+ and
Although analysts are keeping a close eye on Netflix ahead of its Q4 results, Cowen & Co.’s John Blackledge said in a note on Thursday that he expects the company to have “a solid quarter,” while BMO’s Dan Salmon said in another note that “the ‘streaming wars’ narrative is false and there will be multiple winners in global streaming.”
BMO says that a majority of Netflix’s 2020 budget will be allocated to original programming, such as the animated originals it will produce alongside Nickelodeon, the multiyear deal it made with Game of Thrones showrunners David Benioff and Dan Weiss, and the deals it has made with South Korean content makers which BMO believes will be “a stepping stone to scaling subs in one of [Asia’s] wealthiest and largest addressable markets.”
As for comparisons to other major streamers, none come close to matching Netflix’s budget. As Variety notes,
There will inevitably be some splintering as more streaming services from major networks and corporations find their footing, but as long they’re all being outspent by billions of dollars, Netflix isn’t going anywhere.